Retirement

Seniors in this position may face a tax bill and possibly a penalty if they dip into their 401(k) prematurely, says an expert.

Employee retirement contributions soared 15% from last year, Fidelity Investments says.

Assisting employees with their finances is a powerful way to recruit and retain top talent.

A market correction only becomes a real risk if investors act and make buy or sell decisions to alleviate mental anguish today at the expense of tomorrow, says an expert.

By learning to recognize the common challenges that plague nonqualified retirement plans, employers can look for red flags in their own plan management — and plot a corrective course of action.

A 67-year-old wife collecting spousal benefits will be better off waiting until 70 before shifting to her own retirement benefit if she remains healthy, according to this Q&A article.

Employers including investment bank Goldman Sachs are using the tool from Qualtrics.

Consolidating retirement accounts using auto-portability can protect data.

Even if employers’ concerns are exaggerated, fear of fiduciary responsibility keeps them from offering lifetime income products.

Cuts in Medicaid could prove disastrous for low-income retirees who rely on the program for nursing home care, experts say.

Consolidating retirement accounts using auto-portability can protect data.

“Healthcare prices are increasing at levels that significantly exceed overall inflation,” an expert warns.

Unfortunately, physical and cognitive decline are among potential side-effects.

Employer clients should consider adopting voluntary benefits — such as automated savings programs and employee purchase programs — to help employees better manage expenses.

Facing a difficult math problem of planning for retirement, advocates are exploring a path to lifetime income without traditional annuities.

Asset reserves are projected to become depleted in 2035, a year later than previously estimated.

One state has two of the top three cities in terms of boomer debt.

Inadequate retirement savings plans and sky high healthcare costs are all conspiring to make the concept of leaving the workforce something to be more feared than desired.

The number of health savings accounts has topped 25 million, and client contributions also have increased after several years of decline.

Target date funds may be clients’ best bet for helping overlooked Gen X workers get ready for their post-work years.